Iowa Auto Insurance Information
Under Iowa law, motorists must carry a minimum of $20,000 per person and $40,000 per accident in Bodily Injury
Liability (BIL) insurance, as well as at least $15,000 in Property Damage Liability (PDL) coverage. BIL pays for
the medical and other accident-related expenses of those injured in the crash by the at-fault driver, up to the
coverage limit. PDL pays for repairs to vehicles and other property damaged in the collision by the at-fault
driver, up to the coverage limit. Neither BIL nor PDL pays for any of the at-fault driver’s accident-related
expenses. Keep in mind that these are the minimum required amounts, and most drivers should purchase additional
insurance to protect their personal assets in the event of a serious accident.
Iowa does not require drivers to carry uninsured or underinsured motorist coverage, but this is also wise to
purchase this insurance as the odds of getting into an accident with an uninsured or underinsured motorist are
While the state does not require collision and comprehensive coverage, lenders will almost certainly require such
insurance for leased or financed vehicle. Even if the car is owned outright, covering the vehicle for collision
and comprehensive is a good idea unless you can afford to replace the car if it is badly damaged in a crash.
Under Iowa’s Motor Vehicle and Financial Responsibility Safety Act, there is an alternative to purchasing auto
insurance, although few drivers go this route. That alternative is filing a bond with the Iowa Department of
Transportation’s (DOT) Driver & Identification Services division.
SR-22 Insurance in Iowa
In Iowa, a driver whose license has been suspended or revoked for a DUI or other serious traffic violation must
have his or her insurance company provide the DOT with an SR-22 Form, a certificate of financial responsibility, before license reinstatement. In
most cases, drivers must file an SR-22 Form for at least two years, but the period may vary according to the
Iowa Driver Statistics
Approximately 3.1 million people call The Hawkeye State home, and about 2.2 million of them hold drivers’
licenses. Situated in the Midwest’s Corn Belt, Iowa is the nation’s 26th largest state and the 30th in
population. The name derives from the Native American Ioway people. More than 60 percent of Iowa consists of
cropland, while prairies and grasslands account for 30 percent and forest for 7 percent. Urban areas make up
just 1 percent of this very rural state.
While best known for agriculture, Iowa sports many other key industries. These include advanced manufacturing,
biotech, green energy, tech company data center operations, insurance, and financial services, and logistics due
to the state’s central location.
Major attractions in the state include the National Mississippi River Museum and Aquarium, operated by the
Dubuque Historical Society; the National Czech and Slovak Museum in Cedar Rapids; the Amana Colonies, a
19th-century experiment in communal living; and, of course, the famous Bridges of Madison County.
Iowa Auto Insurance & Accident Facts
From 2013 to 2018, an average of 336 people died each year on Iowa roadways. During that time, 2016 saw the
greatest number of traffic fatalities, at 399, while the year with the lowest number of deaths was 2015, with
316. Approximately 34 percent of those who died in motor vehicle accidents, not counting pedestrians, bicyclists
or motorcyclists, were not wearing seat belts at the time of the crash.